Gold Canyon residential real estate sales in October 2015 were right on target with what we have seen for the past couple years for the October reporting period. The average price per square foot of the homes sold is edging up a bit more, back in line with what we were seeing last spring.
October 2015 – Real Estate Stats – Gold Canyon Arizona at a glance
Let’s review below what happened in October with real estate sales in the Gold Canyon area.
- October 2015 home sales shows 27 homes sold. The is the first month is quite some time that we have not had any “distressed” sales – (ie, foreclosure or short-sale.)
- Average price per square foot for sold homes in October 2015 was $141.49.
- Average price of homes sold in Gold Canyon Arizona in October 2015 was $275,818.
- Number of homes on the market (MLS) in Gold Canyon Arizona during October 2015 was 284 homes.
- Based on 284 homes on the MLS this is a 10 month inventory of homes, at the current rate of home sales.
What will happen in the local real estate market as we head into Winter? Only time will tell — stay tuned.
(Real estate data taken from Phoenix Multiple Listing Service. Information is deemed accurate, but not guaranteed.)